Investing.com - The British Pound was lower against the Japanese Yen on Thursday after the release of Japanese data on GDP.
GBP/JPY was trading at 131.98, down 0.04% at time of writing.
The pair was likely to find support at 130.40, Monday’s low, and resistance at 133.19, Tuesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.9% in the last quarter from -0.3% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.5% in the last quarter.
Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.02% to hit 1.6165 and EUR/GBP rising 0.22% to hit 0.8833.
GBP/JPY was trading at 131.98, down 0.04% at time of writing.
The pair was likely to find support at 130.40, Monday’s low, and resistance at 133.19, Tuesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.9% in the last quarter from -0.3% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.5% in the last quarter.
Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.02% to hit 1.6165 and EUR/GBP rising 0.22% to hit 0.8833.